Businesses Company Says the multinational corporation has met difficulties by increasing prices and cutting expenses. General Electric Company (GE), a Boston-based industrial giant, said on Thursday, May 12, that amid persistent inflationary and supply chain disruption issues, it expects growth increase across its businesses in the second half of the year. Despite inflation and supply chain issues, GE predicts growth to pick up in the second part of the year.
Facebook’s Meta-Platforms this technology will be tested first with “digital collectibles.” Announcing the use of NFTs for “digital collectibles” on Instagram, Meta Platforms, Inc. (FB) is conducting tests with the tokens on May 10, 2022. Artwork, photographs, movies, songs, and trading cards are all examples of collectibles. In the first round of testing, a select number of American creators and collectors will be allowed to trade and sell NFTs they
The Twitter (TWTR) transaction who insists he is “still committed” to it despite recent challenges stemming from concerns over bogus accounts. Elon Musk’s (NASDAQ: TSLA) Twitter (NYSE: TWTR) story rolls on. Tesla, Inc. (TSLA) CEO Elon Musk sent Twitter shares plunging on Friday, May 13, when he announced that his $44 billion acquisition of the social media behemoth was “temporarily on pause.” Until it can be verified that spam or
What the Texas Anti-Censorship Law If the federal court upholds the statute, tech companies might be exposed to expensive lawsuits. After the U.S. Fifth Circuit Court of Appeals decided on May 11, 2022, that a Texas legislation controlling how social media companies may censor their platforms can go into force, Meta Platforms, Inc. (FB), Alphabet Inc. (GOOGL, GOOG), and Twitter Inc. (TWTR) face increased risks of an expensive lawsuit. While
Growing Chromebook Industry in early May, Advanced Micro Devices, Inc. (AMD), better known as a manufacturer of semiconductors and computer processors, announced. The release of a new family of processors optimized for the Chrome OS. The Chromebook, developed by Alphabet Inc. (GOOG), is a low-cost alternative to the traditional laptop computer and is aimed primarily at educational institutions. AMD claims that it’s Ryzen 5000 C-Series processors can significantly boost Chromebook
Despite political turmoil as told to NATHAN REIFF, A release date of May 13, 2022, is given. The Walt Disney Company (DIS) reported a year-over-year increase in Parks, Experiences, and Products sales of more than 100% in the second quarter of the fiscal year 2022 (mid-May) (YOY). One of the most damaged industries by the pandemic shutdowns in 2020 and 2021 was the tourism industry, including Disney’s famous theme parks,
Password-Free Sign-In System both Amazon and Meta endorse common standards for easier, more quick sign-in. On May 5, 2022, it was reported that Apple Inc. (AAPL), the Google subsidiary of Alphabet Inc. (GOOGL, GOOG), and Microsoft Corporation (MSFT) will be working together to “make the web safer and useable for everyone.” In particular, they play pivotal roles in boosting the adoption of a global password-free sign-in standard developed by the
European Customer Ryanair being takes criticism for stalling price discussions and delivery delays A management reset may be in order at The Boeing Company (BA), beliefs the CEO of Irish budget airline Ryanair Holdings PLC (RYAOF). After a succession of supply delays and conflicts over price negotiations have muddied the commercial relationship of the two businesses. CONCLUSIONS AND RECOMMENDATIONS: Ryanair CEO Michael O’Leary suggested that Boeing’s management needs a shakeup
Supply Equipment for Vietnamese Power Plant General Electric Company (GE) announced that its Power arm had won a contract to supply power generation equipment for Petro Vietnam. Supply Equipment for Vietnamese Power Plant Power Corporation’s Nhon Trach 3 and 4 combined cycle power plant from a leading Vietnamese engineering, procurement, and construction (EPC) consortium. The 1.6 GW Nhon Trach plant is schedule to begin operations in 2025. It will supply
As told to NATHAN REIFF First appeared in print on May 19, 2022 AMD, short for Advanced Micro Devices, Inc., is a company that designs and manufactures semiconductors and computer processors. In the second half of 2022, AMD plans to release GPUs based on the new RDNA 3 architecture. The company’s popular RDNA 2-based GPUs, optimized for efficient, high-performance gaming and similar applications, will be succeeded by RDNA 3-based products.